Rhode Island HB 5249: AN ACT RELATING TO TAXATION-- PUBLIC SERVICE CORPORATION TAX (Clarifies depreciation with respect to the net book value of a company's tangible personal property, by providing that the accumulated depreciation reduction takes into account physical deterioration and functional and economic obsolescence.)

Status: 06/06/2017 Committee recommended measure be held for further study (as of 2017-06-06)

State: Rhode Island · Session: 2017 · Bill: HB 5249

Subjects: Property, Commercial Law, Corporations, Taxation

Sponsors: Ucci, Winfield

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